Australia and Oceania: Golf Equipment Market 2024

Golf Equipment Market Size in Australia and Oceania

The golf equipment market in Australia and Oceania skyrocketed to $X in 2022, with an increase of X% against the previous year. The total consumption indicated modest growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2018 indices. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in years to come.

Golf Equipment Production in Australia and Oceania

In value terms, golf equipment production fell to $X in 2022 estimated in export price. Over the period under review, production, however, showed a perceptible descent. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Golf Equipment Exports

Exports in Australia and Oceania

Golf equipment exports surged to X tons in 2022, increasing by X% on 2021. Over the period under review, exports, however, continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, golf equipment exports surged to $X in 2022. In general, exports showed a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in years to come.

Exports by Country

Australia dominates exports structure, accounting for X tons, which was near X% of total exports in 2022. It was distantly followed by New Zealand (X tons), mixing up a X% share of total exports.

Australia was also the fastest-growing in terms of the golf clubs and other golf equipment exports, with a CAGR of X% from 2012 to 2022. New Zealand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Australia increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest golf equipment supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by New Zealand ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Australia totaled X%.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, rising by X% against the previous year. Overall, the export price posted a prominent expansion. The most prominent rate of growth was recorded in 2019 an increase of X%. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Golf Equipment Imports

Imports in Australia and Oceania

In 2022, after four years of growth, there was significant decline in overseas purchases of golf clubs and other golf equipment, when their volume decreased by X% to X tons. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then declined in the following year.

In value terms, golf equipment imports skyrocketed to $X in 2022. Over the period under review, imports, however, posted buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.

Imports by Country

Australia represented the major importing country with an import of about X tons, which recorded X% of total imports. It was distantly followed by New Zealand (X tons), making up an X% share of total imports.

Australia experienced a relatively flat trend pattern with regard to volume of imports of golf clubs and other golf equipment. New Zealand (X%) illustrated a downward trend over the same period. While the share of Australia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of New Zealand (X p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported golf clubs and other golf equipment in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports.

In Australia, golf equipment imports increased at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, rising by X% against the previous year. Import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, golf equipment import price increased by X% against 2017 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Source: IndexBox Platform

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